1000 is invested for 20 years at a pretax return of 10


$1000 is invested for 20 years at a pretax return of 10%. Assume return is subject to a deferred capital gain tax of 30%. The cost basis is $800. Compute the ending after-tax account value and the tax drag (both dollar amount and %)

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Financial Management: 1000 is invested for 20 years at a pretax return of 10
Reference No:- TGS02243972

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